Understanding Order Types: Market vs. Limit

When you hit 'buy' or 'sell', you're typically choosing between a market order and a limit order. A market order executes immediately at the best available price – think of it as saying "I want this now at whatever the current market is," which for something like $CSPR at 6.78 might be fine if you're not overly sensitive to a few pennies. A limit order, conversely, specifies the exact price you're willing to buy or sell at, giving you more control, but there's no guarantee it will fill unless the price actually reaches your specified level.